Caliza Secures $8.5M to Enhance Real-Time Money Transfers in Latin America Using USDC

Jul 16, 2024, 01:00 PM

Caliza, a fintech startup, has secured $8.5 million in funding from BTV VC and Initialized to enhance real-time money transfers in Latin America using the USDC stablecoin. The investment aims to facilitate instant cross-border settlements and provide regulated digital dollar accounts to Latin American companies. Caliza's platform, led by Ezra Dar, leverages stablecoins and existing real-time payment networks to offer low-cost, safe, and instantaneous transactions.